Latest Energy Projects News

Woodside Energy Group reported robust first-half results in 2025, with production reaching 548 Mboe/d and a net profit after tax of $1.3 billion, while progressing key LNG projects and declaring a fully franked interim dividend.

Monadelphous Group Limited reported a robust FY25 with $2.27 billion revenue and $158 million net profit, underpinned by strong contract wins and growth in energy and resources sectors.

Mercury NZ Limited reported a 10% decline in earnings for FY2025 amid challenging generation conditions but is pressing ahead with significant renewable energy investments and raised dividends.

Carnegie Clean Energy launches a $3 million Share Purchase Plan to fuel commercialisation of its wave and MoorPower technologies, capitalising on growing global momentum in ocean energy.

Telstra Group Limited reported solid financial growth for FY25, completing its T25 strategy and launching a new five-year Connected Future 30 plan focused on connectivity and AI innovation.

Commonwealth Bank of Australia (CBA) reported a strong 2025 financial year with a statutory net profit after tax of $10.1 billion, maintained capital strength, and progress on ambitious climate and sustainability goals.

Carnegie Clean Energy launches a $3 million Share Purchase Plan at a 20% discount to fund its pioneering 6 MW CETO wave energy project in Spain and expand its global footprint.

Pilot Energy reports significant progress in transitioning the Cliff Head Oil Field to a carbon storage facility, alongside a major upgrade in WA-481P gas and oil prospective resources and a $6.8 million capital raise.

MPower Group has entered a binding agreement to sell its renewable energy assets and platform to Wollemi Energy Group for approximately $19 million, marking a pivotal shift in its business strategy.

Pure Hydrogen reports a second consecutive quarter of positive cash flow, expands its international hydrogen vehicle footprint, and secures a 15-year gas project permit in Queensland.

QEM Limited has appointed Robert Cooper as its new CEO and secured $2.05 million in funding, while progressing key regulatory and technical milestones for its Julia Creek Vanadium and Energy Project.

Pilot Energy has secured a $1.5 million debt note to bolster cash flow ahead of a substantial $4.5 million Petroleum Resource Rent Tax refund linked to the decommissioning of the Cliff Head Oil Field.